Record News

By Sabrina Valle

₹99 and 6GB of additional data with one-day validity for ₹49. India is hosting this year’s World Cup after a gap of 12 years. The event, which started on Thursday, will be held at 10 venues across India.

India's central bank Friday flagged the need for greater scrutiny of the financial sector's rising unsecured loan exposure, warning both high-street lenders and non-banking finance companies (NBFCs) to strengthen their risk management systems in what is seen as a precursor to tightening capital requirements for such advances. In his statement accompanying the monetary policy review, central bank Governor Shaktikanta Das said that though banks and NBFCs continue to be resilient, certain components of loans are recording very high growth. «We have to be mindful of what can, going forward, pose a challenge and become a future risk. In certain segments of retail credit, we saw high growth,» Das said after the monetary policy review meeting in Mumbai.

Canadian job seekers are heading into a much different economic landscape this fall as the previously red-hot labour market cools and candidates face increased competition amid record immigration levels.

Investing.com — Things are beginning to look up for the natural gas bull, after months and months of haplessness.

Enforcement Directorate (ED) before a Delhi court on Friday why it has not made businessman Gaurav Dalmia and his wife Sharmila accused in a money laundering case lodged against him. The agency has alleged that Rai, who cheated several people by claiming himself to be close to the Prime Minister's Office (PMO), senior bureaucrats and politicians, «duped» Gaurav Dalmia and his family to the tune of Rs 12 crore by instilling in him a fear of arrest in an ongoing investigation by the ED.

peak of the pandemic, Singapore recorded up to 4,000 daily cases. The government had then imposed strict curbs, that mandated the wearing of masks and restricted public movement. However, no such restrictions are being planned to address the current surge in infections, Health Minister Ong Ye Kung said, while speaking to the local media.

₹18,000-crore share buyback program last year, under which it bought back four crore shares at ₹4,500 each. In FY23, TCS returned ₹42,079 crore or 108.2% of its free cash flow to shareholders through dividends. Parent company Tata Sons, which owns 72.3% of TCS, has emerged as the biggest beneficiary of the generous dividend and share buyback programs over the last three years.

By Mrinalika Roy and Sabrina Valle

While bond yields have risen sharply lately, fund flows into bonds tell two very different stories. We have previously written much on the recent rise in bond yields related to economic growth, event risks, and recessions. To wit:

Drake's long-awaited eighth studio album, "For All The Dogs," finally hit streaming platforms at 6 am on Friday, October 6. This release marks Drake's return to solo albums, following his 2022 release, «Honestly Nevermind.»

Mint delves into the specifics of the monetary policy report in five charts: Despite the recent rise in crude oil prices, the central bank retained its baseline assumption of $85 a barrel for the Indian basket for the second half of the fiscal year. While Brent crude prices had risen to as much as $98 a barrel in September, they fell below $90 on Friday. However, oil prices are known to be volatile and if they settle above $90 for longer, the RBI's inflation projections could prove to be an underestimate.

Russian President Vladimir Putin is preparing the country’s economy for a long war in Ukraine. Military spending and war-related expenditures have already fueled much of Russia’s economic growth this year, helping the country weather the impact of Western sanctions. Next year, the government plans to increase military spending even more.

Jonjua Overseas, Advance Lifestyles and RMC Switchgear — will trade ex-bonus next week. These three stocks have delivered multibagger returns to investors so far this year. Jonjua Overseas had earlier announced a bonus issue in the proportion of 9:50, which means for every 50 shares investors hold, they will be credited 9 additional shares. The Board of the company has fixed October 10 as the record date for the proposed bonus issue and the stock will go ex-bonus on the same date. A company issues bonus shares for their shareholders in order to increase the liquidity of the stock as well as with the aim to decrease its stock price to make it affordable for investors. Bonus shares are fully paid additional shares issued by a company to its existing shareholders.

growth forecasts and slightly tweaked inflation projections. Rupee posted a weekly loss of 0.23%. Read RBI Policy Highlights here Earlier in the week, the 10-year US Treasury yield rose to a peak of 4.88%, pressuring currencies like the rupee.

By Rae Wee and Alun John

Investing.com -- Shares in Pioneer Natural Resources (NYSE:PXD) surged in premarket U.S. trading on Friday on media reports that ExxonMobil (NYSE:XOM) is currently in negotiations to buy the shale driller.

army men. Of the 23 army personnel who had gone missing from Bardang area, the bodies of seven have been recovered from different areas downstream while one army man had been rescued alive earlier and the search for the remaining is continuing both in Sikkim and north Bengal through which Teesta river flows, said Chief Minister Prem Singh Tamang on Friday. Of the seven deceased army personnel, four have been identified.

The court asked Soren's counsel to correct the errors in the petition which was filed on September 23. Soren's move came days after the Supreme Court refused to entertain his plea against the summons. A bench of Justice Aniruddha Bose and Justice Bela M Trivedi on September 18, however, granted the chief minister the liberty to approach the Jharkhand High Court for relief in the matter.

₹300 a kg in many parts of the country a few weeks ago, did not call for a response from monetary policy. By last month, with the arrival of fresh harvest, tomato prices had crashed to less than ₹5 a kg in farmer markets such as in Maharashtra.

ICC World Cup 2023: India is set to play its first World Cup match against Australia on Sunday, but more than a billion cricket fans are waiting for the epic clash between India and Pakistan on 14 October at Narendra Modi Stadium, Ahmedabad. Indian Meteorological Department (IMD) on Friday also gave its green signal to the India vs Pakistan clash as it predicted clear skies for the day. IMD Gujarat has clarified that even if light or moderate rain occurs, it will be restricted to limited areas and may not hamper the match.